The Whive protocol will contain the following specifications:

The protocol will have its crypto-token generated and distributed through mining.

The token symbol which is also the name of the wallet is WHIVE.

The smallest unit of the crypto-token will be 0.00000001.

There will be a maximum supply of ~63,000,000 crypto-tokens with No Premine and No Initial Coin Offering (ICO).

The tokens will be generated and distributed through a mining process with a fair launch, announced publicly on the Whive social media platforms.

The protocol will make use of the Delegated Proof-of-Work (D-PoW) merge mining algorithm partially secured by the network of Bitcoin miners and also partially secured by the participating network nodes; particularly through distributed mining pools.

The protocol will have a hierarchical architecture with full mining nodes i.e. specialized computers known as Graphics Processing Units (GPUs) processing transactions with a second set of nodes i.e. generic computers known as Central Processing Units (CPUs) contributing resources collectively to process transactions in a virtual pool for a stake in the mining earnings.

The protocol will support between 7 - 20 transactions per second on a Segregated Witness (Segwit) enabled block-weight of 4 MB similar to Bitcoin. The protocol will adopt the latest Bitcoin source code to remain compatible.

The protocol will allow for a differentiated scripting language that supports Machine to Machine interactions utilizing Trustware; which is hardware that governed by the protocol’s smart-contract scripting language. This give the protocol in-built support for Internet-of-Things (IOT) and Artificial Intelligence (AI) applications.

Subscribe

Sign up with your email address to receive news and updates.

Email Address

We respect your privacy. Your email will only be used to send project updates.